SE Asia Stocks-Indonesia posts biggest gain in nearly 16-months

July 31, 2015 10:00 AM

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JAKARTA, July 31 Southeast Asian stock markets mostly ended higher on Friday, with Indonesia's main index having its best day in nearly 16 months despite disappointing earnings from blue-chip companies.

Indonesian stocks closed 1.9 percent higher, their biggest gain since April 1, 2014, but posted a second monthly decline in July. The index was on a technical rebound on Friday after closing the previous session at its lowest in 16 months amid weak Asian sentiment. However, the gain is expected to b...